water

The vehicle’s predecessor, Wastewater Opportunity Fund, closed on $184m in 2016 and focused on the construction of facilities to process food, beverage, agricultural and municipal wastewater.

Australia’s richest woman and chairman of Hancock Prospecting Group has criticised excessive red tape and the ‘burdens’ placed on ag by government.

Andrew Day, who led Hastings Funds Management for six years, will step into the role later this month.

The fund, which has invested in water rights and almonds through the Brisbane-based manager, is monitoring the situation due to potential reputational risk.

The embattled Australian fund manager will use the capital for co-investments and leverage Oaktree's reputation with prospective LPs.

After closing a $300m debut fund last summer, the acquisition of Universal Irrigation marks the third such deal for the West Coast midstream specialists.

The manager of ASX-listed Rural Funds Group has bought cotton and cattle properties months after securing A$150m through an equity raise.

Interim MD Kim Morison expresses disappointment at how the real assets division, which he previously headed, has been ‘hijacked’ by poor investments in the firm's other business units.

Prices for both water entitlements and allocations are at record levels. Investors rejoice, but cotton, rice and dairy producers are feeling the squeeze.

The mixed-farming aggregation near Mudgee comes with a significant water allocation, helping alleviate drought conditions.